NEW DELHI: Gravity Bath has reported revenue of over ₹200 crore in FY 2024–25, registering a year-on-year growth of over 25%. The company also reported an EBITDA of ₹8 crore.
The company is now looking to touch ₹1,000 crore by FY 2028–29. The company aims to significantly improve its Return on Capital Employed (ROCE) through value engineering, supply chain efficiency, and the rollout of high-margin, innovation-led products. It also plans to capture a larger share of the premium and mid-premium segments by expanding across Tier 1 and Tier 2 cities through a mix of company-owned and franchise retail stores.
It has a distribution network of over 12,500 dealers and distributors across India. The company is also targeting nearby export markets like Nepal and Bhutan and also sees significant potential in the Middle East, where demand for durable yet aesthetically refined bathware products is growing. In the long term, Gravity is evaluating entry into the US market.
